FY2025 EPS Estimates for Pinterest, Inc. Lifted by Seaport Res Ptn (NYSE:PINS)

Pinterest, Inc. (NYSE:PINS - Free Report) - Investment analysts at Seaport Res Ptn lifted their FY2025 earnings estimates for Pinterest in a report issued on Wednesday, May 1st. Seaport Res Ptn analyst A. Kessler now forecasts that the company will post earnings of $0.78 per share for the year, up from their previous estimate of $0.65. The consensus estimate for Pinterest's current full-year earnings is $0.36 per share.

Pinterest (NYSE:PINS - Get Free Report) last released its quarterly earnings results on Thursday, February 8th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.25 by $0.04. Pinterest had a net margin of 4.64% and a return on equity of 5.93%. The business had revenue of $981.26 million during the quarter, compared to analyst estimates of $988.62 million.

Other equities research analysts have also recently issued reports about the stock. Piper Sandler lifted their price objective on shares of Pinterest from $48.00 to $50.00 and gave the stock an "overweight" rating in a research report on Wednesday. BMO Capital Markets raised their price objective on shares of Pinterest from $45.00 to $46.00 and gave the stock an "outperform" rating in a report on Wednesday. Rosenblatt Securities restated a "buy" rating and issued a $48.00 target price (up previously from $45.00) on shares of Pinterest in a report on Wednesday. Sanford C. Bernstein increased their target price on shares of Pinterest from $35.00 to $38.00 and gave the company a "market perform" rating in a research report on Wednesday. Finally, Stifel Nicolaus upped their price objective on shares of Pinterest from $42.00 to $46.00 and gave the company a "buy" rating in a research note on Wednesday. Eight analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $40.82.

Pinterest Price Performance

Shares of PINS stock traded down $0.10 on Friday, hitting $40.40. The stock had a trading volume of 9,683,897 shares, compared to its average volume of 10,157,501. The firm has a market capitalization of $27.43 billion, a P/E ratio of 192.39, a P/E/G ratio of 5.55 and a beta of 0.99. The company's 50 day moving average price is $34.79 and its 200-day moving average price is $34.48. Pinterest has a 1 year low of $20.60 and a 1 year high of $41.60.

Insider Activity at Pinterest

In other news, Director Gokul Rajaram sold 1,934 shares of the company's stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $34.10, for a total value of $65,949.40. Following the completion of the sale, the director now directly owns 33,580 shares of the company's stock, valued at approximately $1,145,078. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director Gokul Rajaram sold 1,934 shares of the firm's stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $34.10, for a total transaction of $65,949.40. Following the transaction, the director now owns 33,580 shares of the company's stock, valued at $1,145,078. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Donnelly Julia Brau sold 65,972 shares of the business's stock in a transaction on Monday, March 11th. The stock was sold at an average price of $34.42, for a total transaction of $2,270,756.24. Following the completion of the sale, the chief financial officer now owns 392,829 shares of the company's stock, valued at $13,521,174.18. The disclosure for this sale can be found here. Insiders have sold a total of 164,471 shares of company stock worth $5,773,431 over the last ninety days. 7.11% of the stock is currently owned by corporate insiders.

Institutional Trading of Pinterest

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PINS. AE Wealth Management LLC boosted its position in Pinterest by 28.3% in the third quarter. AE Wealth Management LLC now owns 12,085 shares of the company's stock valued at $327,000 after buying an additional 2,662 shares in the last quarter. Simplicity Solutions LLC lifted its stake in shares of Pinterest by 6.8% in the 3rd quarter. Simplicity Solutions LLC now owns 7,981 shares of the company's stock valued at $216,000 after purchasing an additional 510 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of Pinterest by 9.4% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 142,700 shares of the company's stock worth $3,857,000 after purchasing an additional 12,300 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Pinterest by 5.5% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 42,809 shares of the company's stock valued at $1,157,000 after purchasing an additional 2,247 shares during the last quarter. Finally, Xponance Inc. lifted its stake in Pinterest by 1.4% in the third quarter. Xponance Inc. now owns 84,696 shares of the company's stock valued at $2,289,000 after buying an additional 1,134 shares during the period. Institutional investors own 88.81% of the company's stock.

Pinterest Company Profile

Pinterest, Inc operates as a visual search and discovery platform in the United States and internationally. Its platform allows people to find ideas, such as recipes, home and style inspiration, and others; and to search, save, and shop the ideas. The company was formerly known as Cold Brew Labs Inc and changed its name to Pinterest, Inc in April 2012.